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U.S. Mortgage Credit Availability Increased in OctoberU.S. Mortgage Credit Availability Increased in October
According to the Mortgage Credit Availability Index (MCAI) report by the Mortgage Bankers Association, which analyzes data from ICE Mortgage Technology, U.S. mortgage credit availability increased in October 2024. In [...]
U.S. Mortgage Rates Remain Stubbornly High Post Election, Rate CutsU.S. Mortgage Rates Remain Stubbornly High Post Election, Rate Cuts
Based on Freddie Mac’s latest Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 6.78 percent as of November 14, 2024. “After a six-week climb, rates have leveled [...]